Central China Real Estate said it didn’t pay interest on a note before the end of a grace period on Friday and that it would suspend payments on all offshore debt.
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(Bloomberg) Senior Chinese officials are soliciting advice from business leaders and economists on how to revitalize the economy in a flurry of meetings attendees have characterized as unusually urgent in their tone.Most Read from BloombergElizabeth Holmes Objects to $250-a-Month Victim Payments After PrisonTrump Urges Prosecutors to Drop Case, Offers Defense PreviewBiggest Losers of AI Boom Are Knowledge Workers, McKinsey SaysKen Griffin Ramps Up Credit Bets, Anticipating US RecessionNYC’s R